The Australian Renewable Energy Agency (ARENA) has today opened a $70m funding round to help fast track the deployment of hydrogen electrolyser technology.
The new funding aims to drive down the cost of producing renewable hydrogen through commercial scale electrolyser projects.
With a goal of bringing the cost of green hydrogen production under $2 per kilogram, projects seeking funding must deploy electrolysers with a minimum of 5MW capacity.
Applications with electrolysers that are 10MW or larger are preferred, ARENA said, which is expected to make the successful projects some of the largest renewable hydrogen deployments in the world to date.
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